Falkville, Alabama Demographics & Population 2026
During the 2020–2024 ACS period, Falkville, Alabama had a total population of 1,606, the 253rd largest town in Alabama, with a median household income of $46,888, which is 27% lower than the state average. The poverty rate is 14.9%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Only 8.2% of adults have a bachelor's degree, well below the national average of 35.7%.
- Near full employment with an unemployment rate of just 1.9%.
Falkville Quick Facts
How Falkville Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,464 | 1,606 | +9.7% |
| Median household income | $43,145 | $46,888 | +8.7% |
| Median home value | $118,300 | $139,600 | +18.0% |
How Falkville Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 53 | National average: 61
Education
Educational Attainment (Adults 25+)
Falkville Rankings in Alabama
Explore Alabama Rankings
Other Cities in Morgan County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Decatur | 57,361 | $61,563 | 13.1% | $210,200 |
| Hartselle | 15,847 | $76,290 | 13.3% | $203,800 |
| Priceville | 3,726 | $117,127 | 2.2% | $266,400 |
| Trinity | 2,561 | $100,929 | 3.1% | $283,000 |
| Somerville | 921 | $49,261 | 18.6% | $144,800 |
| Eva | 845 | $115,455 | 8.5% | $246,500 |
Cities Similar to Falkville
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Blountsville | 1,648 | $48,182 | $130,800 | 13.6% | 17.1% |
| Point Clear | 1,511 | $46,097 | $867,500 | 50.9% | 16.2% |
| Cedar Bluff | 1,629 | $52,500 | $204,800 | 15.7% | 29.3% |
| Elmore | 1,517 | $48,696 | $107,500 | 18.4% | 40.3% |
| Gordo | 1,723 | $47,569 | $118,900 | 17.3% | 14.9% |
Population Overview
Falkville is a small community located in Alabama, within Morgan County. The total population is 1,606. It ranks as the 253rd most populous out of 592 Census-designated places in Alabama.
Age Demographics
The median age in Falkville is 53.5 years. This is 36% higher than the state median of 39.3 years. Only 14.4% of residents are under 18, indicating fewer families with children. 16.8% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Falkville is $46,888. This is 27% lower than the state median of $63,999. It is also 42% lower than the national median of $80,734. The poverty rate stands at 14.9%. This is 4% lower than the state poverty rate of 15.6%. The unemployment rate is 1.9%. This is 59% lower than the state rate of 4.7%. The median home value is $139,600. Housing costs are 33% lower than the state median of $209,900. The home-value-to-income ratio is 3.0x. 78.7% of occupied housing units are owner-occupied. This homeownership rate is 12% higher than the state average of 70.2%.
Race & Ethnicity
The largest racial or ethnic group in Falkville is White (non-Hispanic), making up 80.6% of the population. Asian residents account for 6.0%. The Black or African American population (4.4%) is well below the state average of 25.6%. The Hispanic or Latino population (0.6%) is well below the state average of 5.6%. The Asian population is significantly higher than the state average (6.0% vs 1.4%).
Education
8.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 71% lower than the state rate of 28.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.4%.
Data Sources & Methodology
All demographic data for Falkville, Alabama is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Alabama state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 592 Census-designated places in Alabama. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Falkville, Alabama?
Falkville, Alabama has a population of 1,606 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Falkville, AL?
The median household income in Falkville is $46,888, which is 42% lower than the national median of $80,734.
What is the poverty rate in Falkville, AL?
The poverty rate in Falkville is 14.9%. This means approximately 193 residents live below the federal poverty line.
What is the racial makeup of Falkville, Alabama?
Falkville's population is 80.6% White, 4.4% Black, 0.6% Hispanic/Latino, and 6.0% Asian.
What is the median home value in Falkville, AL?
The median home value in Falkville is $139,600. The home-value-to-income ratio is 3.0x.
How educated is Falkville, Alabama?
8.2% of adults (25+) in Falkville hold a bachelor's degree or higher, and 3.7% hold a graduate or professional degree.